All articles in 'Learn Excel' Category
As an analyst (or manager), I bet a good portion of your Excel time is spent writing formulas and getting the results.
So today, let us learn 5 important keyboard shortcuts that will save you a lot of time and help you write better formulas.Continue »
Ever seen a formula like =SUMIFS(Sheet1!B2:B3923, Sheet1!C2:C3923, A1, Sheet1!D2:D3923, A2) and wondered what it is really doing?!?
If so, you are not alone.
Formulas written with cell references tend to look complicated and clunky. What if we could write formulas in plain English?
That is what Structural References do. When using structural references in formulas, your focus will be on your data, not on which cell ranges the data takes up.
For example, you can write formulas like these:
1) SUM(mySales[no. of customers]) to find how many customers we had.
2) SUMIFS(mySales[no. of customers], mySales[product], “FastCar”) to find how many customers bought “FastCar”
As you may know, I am in USA and having a lot of fun exploring new areas, meeting people and conducting live classes. While all of this is enjoyable, I am also feeling guilty because I am unable to squeeze time to share Excel tips on the blog.
So to make it up to you, I recorded this short video (2 mins) with an Excel tip while bicycling in beautiful Euclid Creek Reservation in Cleveland on Friday. Watch it below.Continue »
My travel to US was fantastic and fun. Many thanks to Jocelyn & Rob Collie, who found a nice apartment for us and made sure we are settled down in almost no time. Weather has been excellent so far too with lots of sunshine and blue skies. We went to a nearby park the other day and kids really loved walking on trials and exploring.
Today is last day to sign-up for my USA Masterclass
Today is last day to join my USA Advanced Excel & Dashboards masterclass with early bird discount. If you live near Chicago, Washington DC or Columbus and love Chandoo.org style of teaching, then you will benefit alot from my masterclass. We have very few spots left in Chicago & Columbus. So go ahead and book yours today and save $200.Continue »
Last week, we had a lovely poll on what are your favorite features of Excel? More than 120 people responded to it with various answers. So I did what any data analyst worth his salt would do,
I analyzed the data and here are the top 10 features in Excel according to you.
Read on to learn more.Continue »
One of the popular uses of Excel is to maintain a list of events, appointments or other calendar related stuff. While Excel shines easily when you want to log this data, it has no quick way to visualize this information. But we can use little creativity, conditional formatting, few formulas & 3 lines of VBA code to create a slick, interactive calendar in Excel. Today, lets understand how to do this.Continue »
Its Friday, time for another poll.
This weeks topic is inspired from a discussion Jordan started in our forums.
I will go first.
My favorite features are,
Conditional formatting: Quickly highlight something that is not alright (or meets conditions), see trends with data bars or heat maps.
Pivot tables: Turn data in to understandable information with just a few clicks. When combined with slicers & conditional formats, becomes very powerful.
Formulas: Ofcourse, with out formulas, Excel would be a glorified notepad!
What about you? What are your favorite features in Excel? Go ahead and share with us by posting a comment.Continue »
Last week, we had our very first quiz – “How well do you know your LOOKUPs?”. I hope you have enjoyed it.
Today lets understand the answers & explanations for this quiz.Continue »
As you may new, the newest version of Excel is out for a while. I have been using it since last 6 months and enjoying it. Today, lets understand 10 things in 2013 that wowed me (and probably you too).Continue »
If you work with multiple Excel workbooks everyday, then here is a handy tip.
Use Save workspace feature to save your workbook collection & layout.Continue »
HR managers & department heads always ask, “So what is the vacation pattern of our employees? What is our average absent rate?”
Today lets tackle that question and learn how to create a dashboard to monitor employee vacations.
What do HR Managers need? (end user needs)
There are 2 aspects tracking vacations.
1. Data entry for vacations taken by employees
2. Status dashboard to summarize vacation data
Today, lets talk about Power Pivot & understand it.
What is Power Pivot?
Power Pivot is an Excel add-in to connect, analyze & visualize massive amounts of data..
Lets take a closer look at the definition.
Connect: You can use multiple tables of data & set up relationships between them using Power Pivot. For example, you can connect customer details to sales transactions so that you can summarize sales by customer location or gender easily.
Analyze: You can create simple pivot table style reports or create something exceedingly complex by defining your own calculated fields for values area of the pivot. There is a whole set of formulas defined for exactly this purpose, called as DAX formulas.
Visualize: Instantly filter your reports using slicers, time lines (Excel 2013 or above only), conditional formats, pivot charts etc. You can even define KPIs and see the performance in bands.
Massive Amounts of Data: Although your typical Excel worksheet contains a million rows, if you tried to load even half of those with any data, Excel would quickly become slow & lazy. Power Pivot can take a million rows for breakfast and would be hungry for more. It can processes millions of rows of data very quickly and easily, all from the comfort of a standard desktop or laptop.Continue »
Few weeks ago, someone asked me “What are the top 10 formulas?” That got me thinking.
While each of us have our own list of favorite, most frequently used formulas, there is no standard list of top 10 formulas for everyone. So, today let me attempt that.
If you want to become a data or business analyst then you must develop good understanding of Excel formulas & become fluent in them.
A good analyst should be familiar with below 10 formulas to begin with.Continue »
A quick announcement for all of you aiming to become awesome in Excel in 2013.
I am very happy to share our course timeline for first 3 months of 2013.
Here is a summary of courses I am planning to launch in next 3 months. I will be posting more details about these courses soon.
1. Finance for Non-finance people
Learn about financial basics, financial analysis thru Excel in our finance for non-finance people course. Designed by my partners at Pristine education, this course helps you gain insights to finance world quickly.
This course will be launched Thursday, January 10th – 2013
2. Power Pivot School
Jump in to power pivot, analyze data & extract insights like a pro by going thru this program. Aimed at Excel analysts & reporting professionals, this course helps you unleash power of PowerPivot to do awesome things.
This course will be launched on Wednesday, February 6th – 2013
This year has been the busiest year since the inception of Chandoo.org. We had 161 posts, 8,900+ comments, 33,500+ forum posts. We have trained more than 2,500 students thru training programs like Excel School & VBA Classes this year alone. More than 6.5 million people visited our site this year (up 82%), consuming a whopping […]Continue »